The two market diagrams below show the market for public and private colleges. Market for Higher Education (Private Colleges) Market for Higher Education (Public Colleges) S(public) S(private) Enrollment (students per semester) Enrollment (students per semester) Tuition (price) Tuition (price)

The two market diagrams below show the market for public and private colleges. Market for Higher Education (Private Colleges) Market for Higher Education (Public Colleges) S(public) S(private) Enrollment (students per semester) Enrollment (students per semester) Tuition (price) Tuition (price)

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter5: Supply, Demand, And Price: Applications

Section: Chapter Questions

Problem 10QP

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Question

4 How will an increase and state subsides to public Colleges affect the market for public and private colleges? In public colleges: A. Demand Will shift to the right (up) B. Supply will ship to the left (up) C . Demand will shift to the left (down) D. Supply will shift to the right (down) In private colleges: In public colleges: A. Demand Will shift to the right (up) B. Supply will ship to the left (up) C . Demand will shift to the left (down) D. Supply will shift to the right (down)

The two market diagrams below show the market for public and private colleges.
Market for Higher Education
(Private Colleges)
Market for Higher Education
(Public Colleges)
S(public)
S(private)
Enrollment (students per semester)
Enrollment (students per semester)
Tuition (price)
Tuition (price)

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